Ethereum

Strong

<ul>
 <li>#<a href="https://www.coingabbar.com/en/crypto-currency/ripple-xrp-prices-usd" class="f-link" rel="noopener noreferrer nofollow">XRP</a> initiated a downside correction from the $0.7500 resistance level.</li>
 <li>The correction followed a peak at $0.7440, aligning with movements in Ethereum and Bitcoin.</li>
 <li>Throughout the correction, the price dipped towards the psychological support at $0.60.</li>
 <li>Bulls are currently encountering challenges in upholding the price above the $0.5700 support zone.</li>
 <li>The 200-day moving average, situated around $0.57, may serve as a pivotal juncture for $XRP.</li>
 <li>At present, $XRP is trading near the 61.80 Fibonacci retracement level of $0.5850.</li>
 <li>Further downturns could potentially push the asset below the critical $0.57 support level, warranting close observation.</li>
 <li>A daily candlestick closing above $0.6150, the 50% Fibonacci retracement level, could negate bearish sentiment and trigger a rally towards the year-to-date high.</li>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar's analysis</a>, The XRP price prediction 2030 is around $10, XRP Price Prediction $500 may be reached in 2050.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $0.6000-$0.6200
SUPPORT LEVEL : $0.5700-$0.5400
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

XRP Price Prediction: Will Bulls Stand Strong or Slip Away?

Coingabbar

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